How does everyone handle forecasting and ensuring not to break covenants?

by a searcher from Purdue University

3 years ago

What tools does one use to get accurate sales forecasts

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2 comments

searcher from Carnegie Mellon University

What covenants do you have in your loan? Would be surprised if there are performance covenants in an SBA loan?

3 years ago | like reply | 0 likes

searcher

At risk of being too basic, a detailed LBO model in excel forecasting your three statements (P&L, BS and CFS) should be enough if you go to monthly granularity for the first one / two years. That said any model is as good as its assumptions therefore revenue forecasting should be were you should devote more time and I don't think there is any major tool besides understing the underlying drivers of each product / service

3 years ago | like reply | 0 likes

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